Beneficiary Designations to Catholic Endowments Provide Long-Term Impact, Avoid Estate Taxes

Beneficiary Designations to Catholic Endowments Provide Long-Term Impact, Avoid Estate Taxes

Beneficiary designations can be a great way to leave a forever gift to your favorite Catholic cause, avoid estate taxes and lessen inheritance tax for heirs. A person’s life-long impact on the world does not need to stop at their death. Naming a favorite Catholic cause’s endowment fund as a beneficiary on a life insurance policy, or on any investment accounts ensures that their impact on the organization will continue long…

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